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Weekly Roundup: Goldman CEO Met Corrupt Malaysian Financier, Italy Investigates Private Bankers, and More

Former Goldman Sachs CEO Lloyd Blankfein met with Malaysian financier Jho Low, the alleged mastermind of the embezzlement and laundering of billions of dollars from state fund 1MDB, in 2009 and 2013 despite concerns raised by compliance staff, The Wall Street Journal reported. More The revelation that Blankfein met with Low risks undermining the U.S. investment bank's strategy to stave off criminal charges by presenting itself as the victim of alleged wrongdoing by the two Goldman bankers, Tim Leissner and Roger Ng, who U.S. prosecutors have accused of facilitating the 1MDB theft, the Financial Times reported. More Ng, who agreed...

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